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Property profile & analytics
OFF-MARKET
Estimated value
$2,890,000
Distribution centers
328 Pearsall Ave Cedarhurst, NY 11516
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-3833767
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,700 SF
Lot
0.93 ac (40,598 SF)
APN
39-424-00-0711
UPID
US63-3833767
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
Pearsall Rock LLC · 7 yrs held
Pearsall Rock LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedarhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedarhurst submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,390,000
6.5%
$3,130,000
7%
$2,905,000
Blend value · Realmo final
$2.89M
Range $2.60M – $3.18M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$247 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,447
Tax year 2023
Assessed value
$16,394
Assessed 2023
Previous assessed
$16,394
+0.0% YoY
Effective rate
344.31%
On assessed value
Assessed land
$9,738
Assessed improvement
$6,656
Total market value
$1,639,400
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
11,700 SF
Lot
0.93 ac (40,598 SF)
APN
39-424-00-0711
UPID
US63-3833767
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Pearsall Rock LLC
Entity
Mailing address
177 CONCORD ST #100, BROOKLYN, NY 11201-2021
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
Pearsall Rock LLC
—
Deed
related
$549,500 · R Four LLC
Dec 11, 2024
—
Pearsall Rock LLC
—
Deed
related
$1,025,000 · Tfg Holdings Ny LLC
Oct 31, 2023
—
Pearsall Rock LLC
—
Deed
related
$500,000 · Michael Taubenblat
Apr 26, 2023
—
Pearsall Rock LLC
—
Deed
related
$3,575,000 · Tfg Holdings Ny LLC
Oct 7, 2022
—
Pearsall Rock LLC
—
Deed
related
$1,575,000 · Dumbo Funding LLC
Jun 7, 2019
$7,400,000
Pearsall Rock LLC
336 Pearsall Ave INC
Trustees Deed
$3,750,000 · Michael Taubenblat
Dec 5, 2017
—
336 Pearsall Avenue INC
—
Deed
related
$1,000,000 · Ae 2016 Grantor Clat
Sep 20, 2012
$2,350,000
336 Pearsall Ave INC
D & J Pearsall Ave Realty Corp
Grant Deed
—
Sep 20, 2012
—
Hempstead Industial Dev Agency
Pearsall Avenue INC
Grant Deed
related
$813,100 · Jp Morgan Chase Bk
—
—
D & J Pearsall Ave Realty Corp
—
Deed Of Trust
related
$302,562 · New York Community Bank
—
—
336 Pearsall Avenue INC
—
Deed Of Trust
related
$1,000,000 · Ae 2016 Grantor Clat
—
—
D & J Pearsall Ave Realty Corp
—
Deed Of Trust
related
$500,000 · New York Community Bank
—
—
Town Of Hempstead Indl Dev Agcy
—
Deed Of Trust
related
$1,000,000 · D&j Pearsall Ave Rlty Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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